CALGARY, ALBERTA--(Marketwired - Aug. 6, 2014) - Tourmaline Oil Corp. (TSX:TOU) ("Tourmaline" or the "Company") is pleased to announce record financial and operating results for the first half of 2014. Highlights Record cash flow(1) of $484.1 million during the first six months of 2014, a 97% increase over 1H 2013. Record earnings of $156.3 million in the 1H of 2014, a 90% increase over 1H 2013. Q2 2014 production of 109,953 boepd, up 57% over Q2 2013. 2014 exit production volume of [Read more]
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Bellatrix Exploration Ltd. Announces Second Quarter 2014 Financial Results
CALGARY, Aug. 6, 2014 /CNW/ - Bellatrix Exploration Ltd. ("Bellatrix" or the "Company") (TSX, NYSE MKT: BXE) announces its financial and operating results for the three and six months ended June 30, 2014. Forward-Looking Statements This press release, including the report to shareholders, contains forward-looking statements. Please refer to our cautionary language on forward-looking statements and the other matters set forth at the beginning of the management's discussion and analysis (the [Read more]
Bonavista Energy Corporation Announces 2014 Second Quarter Results
CALGARY, ALBERTA--(Marketwired - July 31, 2014) - Bonavista Energy Corporation ("Bonavista") (TSX:BNP) is pleased to report to shareholders its condensed consolidated interim financial and operating results for the three and six months ended June 30, 2014. The unaudited financial statements and notes, as well as management's discussion and analysis, are available on the System for Electronic Document Analysis and Retrieval ("SEDAR") at www.sedar.com and on Bonavista's website at [Read more]
Surge Energy Inc. announces record second quarter 2014 results; closing of Longview transaction; and continued drilling success at Shaunavon
CALGARY, July 31, 2014 /CNW/ - Surge Energy Inc. ("Surge" or the "Company") (TSX: SGY) announces record financial and operating results for the three and six month periods ended June 30, 2014. Surge's financial and operating results for the period ended June 30, 2014 include only 25 days of contribution from the $429 million strategic business combination with Longview Oil Corp. ("Longview"), which closed late in the second quarter of 2014. FINANCIAL AND OPERATING [Read more]
High North Resources-Operations Update on Core Area, Blocks A to H
CALGARY, ALBERTA--(Marketwired - July 23, 2014) - High North Resources Ltd. (TSX VENTURE:HN) (the "Company" or "High North") is pleased to provide a general corporate and operational update. Summary High North is pleased to announce Montney oil flowing production rates from the five horizontal wells drilled to-date on its 100 percent owned core area 20.25 contiguous sections (Blocks A to H) at the Girouxville-Mclean property. Since bringing on the Company's first well in mid-January [Read more]
Lightstream Announces Operational Update and Buy Back of US$44 Million of High Yield Unsecured Senior Notes
CALGARY, ALBERTA--(Marketwired - July 15, 2014) - Lightstream Resources Ltd. ("Lightstream" or the "Company") (TSX:LTS), is pleased to provide an operational update following the end of the second quarter and announce the buy back of US$44 million principal amount of our outstanding high yield Senior Notes. OPERATIONAL UPDATE Production for the second quarter of 2014 averaged 42,500 boepd based on field estimates (80% light-oil and liquids weighting), in line with first quarter 2014 [Read more]
Inter Pipeline Announces Major Expansion of Mid-Saskatchewan Pipeline System
CALGARY, ALBERTA--(Marketwired - July 10, 2014) - Inter Pipeline Ltd. ("Inter Pipeline") (TSX:IPL) announced today the execution of binding commercial agreements supporting a $100 million expansion of its Mid-Saskatchewan pipeline system. In aggregate, the new agreements are expected to generate approximately $25 million to $30 million in incremental EBITDA on an annual basis. Five oil producers have entered into ship or pay contracts to backstop the project with terms ranging from 4 to 10 [Read more]
Sunshine Oilsands Ltd.: Appointment Of Non-Executive Director And Independent Non-Executive Director Resignation Of Co-Chairman
CALGARY, Alberta and HONG KONG, June 27, 2014 /CNW/ - The board of directors (the "Board") of Sunshine Oilsands Ltd. (the "Corporation") announces that Mr. Songning Shen has resigned as Co-Chairman of the Corporation with effect from 27 June 2014, but shall remain on the Board as a non-executive director. Mr. Shen has confirmed that he has no disagreement with the Board and there are no matters relating to his resignation as Co-Chairman that need to be brought to the attention of the [Read more]
Kelt Enters Into an Agreement to Acquire Strategic Montney Assets in Its Core Area Near Grande Prairie
CALGARY, ALBERTA--(Marketwired - June 16, 2014) - Kelt Exploration Ltd. ("Kelt" or the "Company") (TSX:KEL) has entered into an agreement to acquire a private Canadian oil and gas company with crude oil and natural gas assets located at Valhalla/La Glace, adjacent to the Company's core producing areas at Pouce Coupe and Spirit River in west central Alberta. The acquisition is subject to standard industry closing conditions and closing is expected to occur on or around July 2, 2014. The [Read more]
Ironhorse Announces Q1 2014 Financial and Operating Results
CALGARY, May 28, 2014 /CNW/ - Ironhorse Oil & Gas Inc. ("Ironhorse" or the "Company") (TSX-V: IOG) announces its financial and operating results for the three months ended March 31, 2014 and provides an operational update on activities to date this year as well as an outlook for the remainder of 2014. Financial and Operation Summary The Company's working capital position remained strong with positive working capital of $2.2 million at March 31, 2014 compared to $2.9 million at December 31, [Read more]
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